Sector outlook ‘constructive’ on rising demand, tariff improvement: Bharti Infratel

New Delhi: Telecom infrastructure company Bharti Infratel has said its outlook on the sector “remains constructive” due to rising demand and improvement in tariffs. In its latest annual report 2019-20, company Chairman Akhil Gupta said the introduction of 5G and other new technologies in coming years and need for better connected nation in a post-COVID era will “intensify” the role of passive infrastructure players like Bharti Infratel.

Gupta said that 2019-20 proved to be a challenging year for the global economy with the emergence of COVID-19 towards the end of the year.